SP SMART METER ASSETS LIMITED
Company Information
- Company Number
- SC554085
- Registered Address
- 320 St. Vincent Street, Glasgow, Scotland, G2 5AD
- Status
- Active
- Employee Count
- 2
- Turnover
- £70,200,000
- EBITDA
- £65,500,000
Additional Details
- Website
- https://scottishpower.com
- Company Type
- Private limited Company
- Incorporated On
- 9 January 2017
- Nature of Business
- 77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 34 | 72% | 18% | 10% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 31 | 89% | 3% | 8% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 27 | 90% | 10% | 0% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 26 | 95% | 4% | 1% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 26 | 87% | 13% | 0% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 24 | 95% | 3% | 2% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 23 | 91% | 7% | 2% | 15% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days from invoice date
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
At ScottishPower we try to resolve any invoice disputes or queries as quickly as possible. Queries regarding the status of an invoice can be directed to the Accounts Payable Team via the following email address; supplieraccounts@scottishpower.com. Additionally we also offer a web portal service that allows suppliers the ability to register and then login and view the status of their invoices and when they will be paid. To register for the web portal please use the following website; https://www.iberdrola.com/webprovc/register/register.action For specific contractual disputes please contact the individual who initially ordered the goods or services provided. The agreed contractual dispute process will then be followed.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
SP SMART METER ASSETS LIMITED is a leading provider of smart metering solutions in the United Kingdom. They are committed to sustainability and providing innovative products and services to their customers.
Their sustainability program includes implementing efficient and environmentally friendly practices in their operations, as well as promoting energy conservation and reducing carbon footprint. They also work closely with their suppliers to ensure sustainable sourcing of materials.
The company's main product is their smart metering technology, which enables customers to monitor and manage their energy usage in real-time, leading to cost savings and reduced energy consumption. They also offer installation and maintenance services for their smart meters.
The key people at SP SMART METER ASSETS LIMITED include their Managing Director, who has over 20 years of experience in the energy industry, and their team of experts in smart metering technology and sustainability.
For more information on their products and services, interested parties can visit their website at www.spsmartmeterassets.co.uk. The registered office address of SP SMART METER ASSETS LIMITED is located at 1 Angel Court, London EC2R 7HJ, United Kingdom.
